Now available for sale, 2975 Tokala Trail presents an exceptional 4.3-acre (1.74-hectare) development parcel prominently located at the southwest corner of Tokala Trail and Dyer Drive in the thriving Hyde Park neighbourhood of London, Ontario - one of the city's fastest-growing and most sought-after residential corridors. The property is zoned and draft plan approved for High Density Residential development (R9-7 D150 H45), with a thoughtfully designed concept envisioning two residential tower buildings connected at the second floor. The proposed plan incorporates street-oriented units with mezzanines, creating an engaging pedestrian-friendly streetscape while delivering approximately 320 residential units. Designed to help meet London's growing housing demand, the concept balances urban density with the Forest City's commitment to green space, livability, and thoughtful community integration. Ideally positioned within the Hyde Park commercial node, the site offers exceptional walkability and access to a full range of everyday amenities, including restaurants, cafés, shopping, Sunripe Fresh Market, Walmart, Canadian Tire, clothing retailers, professional services, and more. With immediate proximity to one of London's most dynamic residential and commercial growth areas, 2975 Tokala Trail represents a rare opportunity to secure a fully positioned high-density development site with significant long-term upside in a premier North London location. (id:4069)
Address
2975 TOKALA TRAIL
List Price
$10,500,000
Property Type
Vacant Land
Type of Dwelling
Vacant Land
Transaction Type
Sale
Area
Ontario
Sub-Area
London North (north S)
Lot Size
733.17 x 246 FT Sq. Ft.
MLS® Number
X12872748
Listing Brokerage
THRIVE REALTY GROUP INC.
Postal Code
N6G3Y2
Zoning
h-100 h-123 R9-7 D150 H45
Features
Irregular lot size
